Record home-buying demand along Route 1 in May
Updated: May 28, 2021
The voracious home-buying trend we have been seeing in Hyattsville, Riverdale, College Park and our other Route 1 communities has only accelerated this last month. People are on the move and their demand for buying houses is driving up the prices and speeding up how fast houses sell.
Our listing at 6903 Carleton Terrace in College Park sold for $625,000
Houses sell fast
It is a great time to be a seller! Most houses are under contract within the first week of hitting the market. If you are even slightly tempted to dip your toe in this market contact me today. Houses at all levels of condition are selling quickly. I can have your house expertly prepared and put on the market in a matter of just a few weeks.
For-sale homes in all styles
I have scoured the listing data of for-sale homes and have found that buyers are hungry for every house style that our Route 1 communities feature: bungalows, colonial, farmhouse, split-level, ramblers and townhouses.
BUNGALOWS: Hyattsville and Riverdale
3933 Nicholson Street, Hyattsville, 4 bed, 3 bath - CLOSED $575,000
6110 44th Avenue, Riverdale, 4 bed, 2 bath - PENDING $595,000
BRICK COLONIALS: University Park and Cheverly
6910 Pineway, University Park, 8 bed, 5 bath - PENDING $1,200,000
5808 Carlyle Street, Cheverly, 3 bed, 1 bath - PENDING $375,000
FARMHOUSE STYLE: Riverdale and Mount Rainier
4711 Riverdale Road, Riverdale, 3 bed, 2 bath - PENDING $475,000
3409 Newton Street, Mount Rainier, 5 bed, 4 bath - CLOSED $665,000
RAMBLER/SPLITS: University Park and Hyattsville
6604 Wells Parkway, University Park, 3 bed, 1.5 bath - CLOSED $610,500
6813 Calverton Drive, Hyattsville, 4 bed, 2.5 bath - PENDING $495,000
TOWNHOUSES: Hyattsville and Riverdale
5726 46th Place, Hyattsville, 3 bed, 4 bath - PENDING $525,000
6402 47th Avenue, Riverdale, 2 bed, 2 full/2 half bath - ACTIVE $566,000
What are you waiting for?
There is a lot of interest in homes in our Route One Corridor Communities but a shortage of any for sale. If you are thinking about selling, now is a great time to do so. Contact me today to discuss your home’s value and how to take advantage of this great market.
Tamara Beauchard, Route 1 Realtor
As a top-performing realtor with Re/Max Professionals, I handled nearly $12 million in real estate transactions this past year. I stay on top of the market to ensure that you are confident about the price and the process from our first meeting to the settlement table.
You have an architect on your side! My experience in the design and construction industry means that we can talk about renovations and improvements that will both beautify your home and improve it's resale value.
I'm a right-fit specialist who provides consulting services for people who are not ready to buy or sell right now, but need advice on where to start with renovating or downsizing.